£469,538
This estimated value is based upon the latest sale price for the house of £405,000 on 18 Nov 2020. This value is then adjusted by the current Official House Price Index for SURREY 1
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| Price Paid | Date |
|---|---|
| £405,000 | 18 Nov 2020 |
| £128,500 | 31 Oct 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 sq feet |
This model uses changes in the Official Land Registry House Price Index for SURREY to estimate the market value.
When this house was purchased in November 2020 the House Price Index for SURREY was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £405,000 results in an estimated price of approximately £469,538.
| 18 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £405,000 | £64,538 | £469,538 |
The Postcode Pricing Model uses changes in average sales price within the RH7 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 6.401 % | £25,923 | £430,923 |
| 3 Month Average | 14.977 % | £60,658 | £465,658 |
| 6 Month Average | 1.664 % | £6,740 | £411,740 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £690,219 | £680,000 | 2 LINCOLNS MEAD |
| 27 Sep 2023 | £533,319 | £526,500 | 27 MOUNT PLEASANT ROAD |
| 3 Mar 2023 | £509,803 | £505,000 | 28 MOUNT PLEASANT ROAD |
| 10 Aug 2022 | £177,522 | £178,000 | 13 LINCOLNS MEAD |
| 18 Mar 2022 | £378,236 | £365,000 | 37 LINCOLNS MEAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 7 Jul 2020. Using an estimated price of £469,538 means this house is valued at £5,396 per sq meter (£501 per sq foot).
The average size of a house on PADDOCK CLOSE is 123 sq meters (1,325 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Lincolns Mead | |
| Mar 2024 | Anti-social behaviour | On or near Lincolns Mead | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mount Pleasant Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mount Pleasant Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Newchapel Road |